GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (OTCPK:PREKF) » Definitions » Cyclically Adjusted Book per Share

PREKF (PrairieSky Royalty) Cyclically Adjusted Book per Share : $8.84 (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is PrairieSky Royalty Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

PrairieSky Royalty's adjusted book value per share for the three months ended in Mar. 2025 was $7.831. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $8.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, PrairieSky Royalty's average Cyclically Adjusted Book Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-21), PrairieSky Royalty's current stock price is $16.80. PrairieSky Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $8.84. PrairieSky Royalty's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PrairieSky Royalty was 2.47. The lowest was 1.78. And the median was 2.18.


PrairieSky Royalty Cyclically Adjusted Book per Share Historical Data

The historical data trend for PrairieSky Royalty's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PrairieSky Royalty Cyclically Adjusted Book per Share Chart

PrairieSky Royalty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.74 8.65

PrairieSky Royalty Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.85 8.89 9.14 8.65 8.84

Competitive Comparison of PrairieSky Royalty's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, PrairieSky Royalty's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PrairieSky Royalty's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PrairieSky Royalty's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PrairieSky Royalty's Cyclically Adjusted PB Ratio falls into.


;
;

PrairieSky Royalty Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, PrairieSky Royalty's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.831/129.1809*129.1809
=7.831

Current CPI (Mar. 2025) = 129.1809.

PrairieSky Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.958 100.500 6.373
201509 5.225 100.421 6.721
201512 8.661 99.947 11.194
201603 8.800 101.054 11.249
201606 8.856 102.002 11.216
201609 8.583 101.765 10.895
201612 8.335 101.449 10.613
201703 8.777 102.634 11.047
201706 8.804 103.029 11.039
201709 9.426 103.345 11.783
201712 9.026 103.345 11.283
201803 8.800 105.004 10.826
201806 8.591 105.557 10.514
201809 8.573 105.636 10.484
201812 8.179 105.399 10.024
201903 8.149 106.979 9.840
201906 8.191 107.690 9.826
201909 8.123 107.611 9.751
201912 8.098 107.769 9.707
202003 7.527 107.927 9.009
202006 7.710 108.401 9.188
202009 7.922 108.164 9.461
202012 8.186 108.559 9.741
202103 8.357 110.298 9.788
202106 8.634 111.720 9.983
202109 8.369 112.905 9.575
202112 8.488 113.774 9.637
202203 8.699 117.646 9.552
202206 8.867 120.806 9.482
202209 8.661 120.648 9.274
202212 8.530 120.964 9.109
202303 8.467 122.702 8.914
202306 8.691 124.203 9.039
202309 8.523 125.230 8.792
202312 8.628 125.072 8.911
202403 8.513 126.258 8.710
202406 8.410 127.522 8.519
202409 8.471 127.285 8.597
202412 8.055 127.364 8.170
202503 7.831 129.181 7.831

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


PrairieSky Royalty  (OTCPK:PREKF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PrairieSky Royalty's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.80/8.84
=1.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PrairieSky Royalty was 2.47. The lowest was 1.78. And the median was 2.18.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PrairieSky Royalty Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of PrairieSky Royalty's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PrairieSky Royalty Business Description

Industry
Traded in Other Exchanges
Address
350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.